Wed. Apr 17th, 2024
how to apply for ehsaas interest free loan
ehsaas interest free loan

You can get an interest-free loan from a minimum of 10000 to a maximum 75000 through interest-free loan apply for Phase 2. Visit your nearest ehsaas loan center and tell the agent about your business plan. He will give you an application form, fill out the form completely and attach the required documents.

Ehsaas Interest Free loan scheme

Riba or interest is prohibited in Islam as it is against the social principle of Islamic Finance. Our beloved Holy Prophet (PBUH) has Cursed the one who consumes interest and gives it to others. Our country came into existence in 1947 and was based on the Islamic rule of law. Therefore, our Federal government launched a Prime Minister interest-free loan in Pakistan in July 2019. 10,000 to 75,000 Rupees loans for the Poor can be received from the Bila sood ehsaas qarz e hasna program 2019-2024. If you are eligible for a loan in Pakistan without interest, you can run your own small business. Visit www.ppsf.org.pk to apply for an online urgent loan in Pakistan.

What is an Interest-Free loan?

The interest-free loan programme is a part of the national poverty graduation initiative that aims to help people experiencing poverty and set themselves on the way to social and economic prosperity. Imran Khan, Ex-Prime Minister of Pakistan, launched this initiative in July 2019 for four years of tenure (2019-2024) 2.8 Million loans to 1.28 Million households. You can apply for an online loan in Pakistan for small businesses by using the official website of PPAF.

There are 736 Ehsaas loan centers established in 110 districts of all the provinces, Punjab, Sindh, Balochistan, kpk, Azad Jammu Kashmir, Islamabad and Gilgit-Baltistan 80,000 loan are provided each month. The total number of loan provided to eligible people has Reached 2723461. 93.64 billion rupees have been allocated to the borrowers till now.

Ehsaas Loan Program Online Registration Form 2024

Visit your nearest loan centre and tell the agent about your business plan. He will give you an application form. Fill out that form and apply.

Also Read : Punjab Rozgar Scheme

Ehsaas loan 75000 Rupees Online Registration

Click on the link to apply for an Ehsaas loan of 75000 rupees, “www.ppaf.org.pk“. Click on the horizontal bar written on how to apply for a loan. Read all the details carefully and visit the nearest loan center in your district and Union Council. Suppose your qualifying loan officer will give you a form. The concerned staff will visit your home to verify your details. The loan officer will tell you about completing your approval application process in 2-4 weeks. An interest-free loan check will be handed over to you at your region’s scheduled cheque distribution event.

ehsaas loan 75000 online registration

Interest-free loans in Pakistan for small Businesses

You can get yourself out of the poverty crisis by your own business. You can get a 5 lakh loan without interest in Pakistan to start your step. Sector-wise disbursement of loans for various businesses is following,

  • 34.1% in commodity and trading.
  • 20% in livestock, fishing and farming.
  • 16.3% in stitching, handicrafts.
  • 16.3% in agriculture, cropping, light engineering and workshop.
  • 13% in beauty parlours, barber carts and service stations

Interest-Free loan in Pakistan 2024 eligibility criteria

  • Age between 18 to 16 years
  • Individuals having 0-40 scores on the poverty scorecard
  • Valid cnic holder
  • Having a valid business plan
  • A resident of the target Union Council of the district

Ehsaas Interest free loan check online

Ehsas interest-free loan online check 2024 has been within its final phase. Hurry up and apply for a 75000 rupees online loan. The government of Pakistan finances this plan along with 26 partner organizations. The average lawn size is 34383 rupees. At least 50% of loans are preserved for women. 54% of loans have been allocated to women till now.

how to apply for ehsaas interest free loan

General Requirements

Akhuwat Foundation is one of the organizations which is helping the poor.Visit the official website to apply for an Akhuwat interest free loan. Following documents required for this program.

  • Duplicates of Applicant’s Computerized National Identity Card (CNIC)
  • A passport-sized colour photograph of the applicant.
  • Document of Financial Declaration.
  • Form for Signature Verification.

How to Apply For Ehsaas Interest free loan?

Follow my given step to apply for 75000 Rupees.

  • Visit www.ppaf.org.pk and click on the how to apply for loan option.
  • Search your district tehsil or Union Council in the search bar and visit it.
  • Tell the loan officer about the business plan and fill out the application form.
  • The concerned staff will testify to your credential. Your application with the attached document will proceed within 2-4 weeks.
  • Loan cheques will be given to you if you are found eligible and approved.

Helpline Numbers interest free loan in Pakistan

  • Plot No. 14, Street 12,G 8/1, Islamabad, Pakistan.
  • Phone: +92 (51) 8439450 – 79
  • Fax No.: (+92-51) 2234343-79
  • Email: info@ppaf.org.pk